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Who is the 7th largest exporter in the world?

  All global trade success depends heavily on having the right knowledge about significant players. The international market receives unique value from all countries but certain nations stand apart through their broad range of exported products. From recent reports France occupies the 7th rank among world export nations.   France: The 7th Largest Exporter   Based on current trade reports France now maintains the position of being the world's 7th largest exporter through its export business amounting to around $648 billion. France stands above South Korea in worldwide exporter rankings and follows Italy among all countries.   France depends on what exports to uphold its dominant role in worldwide trade.   Key French Exports:   The French nation serves as a major international market for industrial machinery together with high technology equipment.   Through Airbus and other aerospace manufacturers France leads the global market f...

What are the benefits of import and export trade data

  In business, it is always essential to keep pace with markets and costumers hence the need for effectively updated market intelligence. This is especially true when your business is involved in the export or import business. If you are an importer or exporter, performing trade data can be your best way in a given country or area. It is as though the black person firstly feels guided when venturing into relatively unknown territory. There is actually one platform that aims to provide this necessary information and that is Siomex, an import-export data service. But what are trade data, and why are they considered so important? So, let analyses it in simple way. 1. Understanding Market Trends Suppose you are a businessman proceeding a mango seller and you want to diversify your market overseas. Well, if one had no data how else would one know which country loves mangoes most or during which season is mangoes most in demand? Trade data comes in handy at this point. It also pr...

How to get buyers data of any century

  The globalization of market has made buyer from other countries to be a prestige to your business which has many opportunities. That being said, working out how to reach out to these buyers could prove to be a tricky endeavor that can feel like trying to find a needle in a haystack. The good news is that with the right approach, tools and resources this can be easily simplified. Now, it is possible to describe how to obtain buyer data from any given country without finding the process complicated, intimidating or difficult. Why It is Important to Identify the right Consumers Suppose you operate an MBO selling homemade products, and you wish to extend your operations to other countries. The general idea of the matter is that you should search for the buyers who can be really interested in the goods which you are selling and thus make your business effective. This way, you know who the buyers are, what their tendencies are and who you can approach them with a product s...

How to Find Buyers For Your Exports Business

  It is very encouraging to start an export business. Congrats! You have selected proper products and are determined with the impending sale to global markets and the logistics that come in-between. But here’s the catch: as mentioned earlier identifying the buyers for your products is generally not a very easy task. To worsen the situation, buyers are very important if the export business is to fly. Well, then, how can one identify potential buyers for the export business of the organization? So, let us proceed to read through this blog as we get a few tips and measures to identifying the real buyers that in turn real help your business expand more effectively. In addition we will introduce Siomex which is designed to assist in the identification of the appropriate buyer for exported goods. 1. Research Your Market When it comes to selling your stock, you will need to identify who will purchase our product. When publics in different countries are compared their demands a...

How to Analyze Trade Data for Business Growth

  The most powerful instrument to reach the growth is to analyze the trade statistics. Companies stand to benefit from this because they will be able to buy smarter, predict trends, and therefore buy into opportunities in world trade. So how do you properly harness free trade data for your trading business for starters, here is a step by step guide. But to make it even simpler, let me drive home my point behind this using examples. What is Trade Data? Trade data is in a way transactional evidence of the products traded and transported between the two countries. Such things as service or product categories, volumes, prices, and counterparts as well as the geography of trading partner countries. For instance, if a country is exporting rice, it will show from trade data which country is the importer, the quantity imported as well as the price. This kind of information is available through such platforms as Siomex and can provide business with information on trade flows arou...